Director Franscesco Gaetano Caltagirone has resigned from Generali, the firm said in a statement.
He was also deputy vice-chairman, non-independent director and a member of several committees at the firm.
In a letter to the chairman, he referred to being “prevented from making his own critical contribution and from ensuring adequate control” within the board of directors, as the reasons for his departure.
Caltagirone had been part of the board since April 2007.
Calum Brewster has been promoted to chief executive of Brown Shipley, subject to regulatory approval.
He joined the private bank in February 2021 as managing director and head of private banking and client solutions.
Brewster will succeed Alan Mathewson, who served as chief executive since 2018.
The platform technology provider has hired David Ferguson as chief executive, effective from 4 April 2022.
Ferguson was the founder and chief executive of Nucleus Financial Group until September 2021.
Seccl’s current co-chief executives Sam Handfield-Jones and Dave Harvey will continue in their roles until 4 April 2022.
After that, Harvey will focus on leading the firm’s technology and product direction, while Handfield-Jones will transition to an advisory role.
The Pension Superfund
The UK pension consolidating ‘superfund’ has named Michael Clark as chief executive.
He joins from Shell, where he worked as global head of pensions and was responsible for the governance and administration of the group’s pension arrangements.
The UK asset manager has promoted two senior people.
Steven Lloyd, who joined the firm at its inception in 2014 as investment director, will become managing director.
Graham Bentley, who was a non-executive director and chair of the board since 2020, will become the asset manager’s first chief investment officer.
Martin Lambert has taken on the role of head of UK operations at the global provider of administration solutions, based in London.
He will also replace Paul Windsor as head of the London office, who will retire after six years as London managing director.
Lambert joins from Grant Thornton, where he worked as a partner.
Lazard Asset Management
The asset manager has appointed Nick Savastano as head of third-party distribution in the Middle East, based in Dubai.
He spent the last 14 years as a senior executive officer at Invesco Middle East and Africa.
The firm has brought in fund manager Nick Peters to help with the development of investment propositions.
He was previously at Fidelity International, where he worked as a multi-asset portfolio manager for nine years.
Abu Dhabi Global Market (ADGM)
The Abu Dhabi Global Market has named chief executive Mark Nicolas Cutis has his role, effective from 28 December 2021.
He joined the international financial centre in June 2021.
Juliana Hansveden has become portfolio manager for emerging markets sustainable equity at the independent investment manager, based in London.
She previously worked at Nordea Asset Management, where she was responsible for managing the Emerging Stars Equity and Asian Stars Equity strategies.